FRATERNITE DE TIBERIADE: what changed
What changed
FRATERNITE DE TIBERIADE
NACE 01.500, Mixed farming
filed annual accounts (NBB)
Net result for the year
€89,317
2024 · -€83,058+€172,375
Equity
€2.3m
2024 · €2.3m+€35,651
Cash
€71,369
2024 · €80,864-€9,495
Balance sheet total
€2.4m
2024 · €2.3m+€15,315
Largest movements
Assets
- Current investments +€139,792
up €139,792 (+41.6%), from €336,345 to €476,137
- Tangible fixed assets -€113,038
down €113,038 (-6.4%), from €1.8m to €1.7m
of which Land and buildings: -€87,897
- Deferred charges and accrued income +€50,834
up €50,834 (+62,580%), from €81 to €50,915
- Receivables within one year -€34,056
down €34,056 (-72.8%), from €46,772 to €12,717
of which Trade receivables: -€33,758
Equity and liabilities
- Profit (loss) carried forward +€89,317
up €89,317 (+20.3%), from €440,252 to €529,569
- Investment grants -€53,666
down €53,666 (-4.8%), from €1.1m to €1.1m
Income statement
- Gross operating margin +€168,790
up €168,790 (+80.9%), from €208,643 to €377,433
- Turnover +€42,573
up €42,573 (+58.5%), from €72,758 to €115,332
- Purchases and services -€14,252
down €14,252 (-2.7%), from €522,370 to €508,118
- Financial income -€6,829
down €6,829 (-69.3%), from €9,858 to €3,029
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€83,058
Gross operating margin
+€168,790
Staff costs
+€1,591
Depreciation
+€2,796
Other operating charges
+€3,340
Financial income
-€6,829
Financial charges
-€12
Taxes
+€2,699
Result 2025
€89,317
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€215,571
Investment
-€171,401
Financing
-€53,666
Cash 2024
€80,864
From operations (derived)
+€215,571
Net result for the year
+€89,317
Depreciation
+€144,647
Stocks and contracts
+€18,722
Receivables within one year
+€34,056
Deferred charges and accrued income
-€50,834
Debts within one year
-€20,336
Investment (derived)
-€171,401
Investment in fixed assets (net)
-€31,609
Current investments
-€139,792
Financing
-€53,666
Contributions, distributions and other
-€53,666
Cash 2025
€71,369
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,342,522 | €2,357,837 | +€15,315 | +0.7% |
| Fixed assets | 21/28 | €1,764,885 | €1,651,847 | -€113,038 | -6.4% |
| Tangible fixed assets | 22/27 | €1,764,625 | €1,651,587 | -€113,038 | -6.4% |
| Land and buildings | 22 | €1,606,204 | €1,518,307 | -€87,897 | -5.5% |
| Plant, machinery and equipment | 23 | €129,948 | €117,408 | -€12,539 | -9.6% |
| Furniture and vehicles | 24 | €28,473 | €15,871 | -€12,602 | -44.3% |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €577,636 | €705,990 | +€128,353 | +22.2% |
| Stocks and contracts in progress | 3 | €113,574 | €94,852 | -€18,722 | -16.5% |
| Stocks | 30/36 | €113,574 | €94,852 | -€18,722 | -16.5% |
| Amounts receivable within one year | 40/41 | €46,772 | €12,717 | -€34,056 | -72.8% |
| Trade receivables | 40 | €40,108 | €6,350 | -€33,758 | -84.2% |
| Other amounts receivable | 41 | €6,664 | €6,367 | -€298 | -4.5% |
| Current investments | 50/53 | €336,345 | €476,137 | +€139,792 | +41.6% |
| Cash at bank and in hand | 54/58 | €80,864 | €71,369 | -€9,495 | -11.7% |
| Deferred charges and accrued income | 490/1 | €81 | €50,915 | +€50,834 | +62,580% |
| Total equity and liabilities | 10/49 | €2,342,522 | €2,357,837 | +€15,315 | +0.7% |
| Equity | 10/15 | €2,282,330 | €2,317,981 | +€35,651 | +1.6% |
| Contributions | 10/11 | €715,093 | €715,093 | = | 0.0% |
| Capital | 10 | €715,093 | €715,093 | = | 0.0% |
| Profit (loss) carried forward | 14 | €440,252 | €529,569 | +€89,317 | +20.3% |
| Investment grants | 15 | €1,126,985 | €1,073,319 | -€53,666 | -4.8% |
| Amounts payable | 17/49 | €60,192 | €39,856 | -€20,336 | -33.8% |
| Amounts payable within one year | 42/48 | €60,192 | €39,856 | -€20,336 | -33.8% |
| Trade debts | 44 | €39,821 | €23,498 | -€16,324 | -41.0% |
| Suppliers | 440/4 | €39,821 | €23,498 | -€16,324 | -41.0% |
| Taxes, remuneration and social security | 45 | €17,610 | €16,358 | -€1,252 | -7.1% |
| Taxes | 450/3 | €1,182 | €1,511 | +€329 | +27.9% |
| Remuneration and social security | 454/9 | €16,428 | €14,847 | -€1,581 | -9.6% |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Turnover | 70 | €72,758 | €115,332 | +€42,573 | +58.5% |
| Membership fees, donations, legacies and grants | 73 | €544,487 | €658,144 | +€113,658 | +20.9% |
| Non-recurring operating income | 76A | €50 | €3,000 | +€2,950 | +5,900% |
| Goods, raw materials, services and sundry goods | 60/61 | €522,370 | €508,118 | -€14,252 | -2.7% |
| Remuneration, social security and pensions | 62 | €130,298 | €128,707 | -€1,591 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €147,444 | €144,647 | -€2,796 | -1.9% |
| Other operating charges | 640/8 | €19,389 | €16,050 | -€3,340 | -17.2% |
| Gross operating margin | 9900 | €208,643 | €377,433 | +€168,790 | +80.9% |
| Operating profit (loss) | 9901 | -€88,488 | €88,029 | +€176,517 | |
| Financial income | 75/76B | €9,858 | €3,029 | -€6,829 | -69.3% |
| Recurring financial income | 75 | €9,858 | €3,029 | -€6,829 | -69.3% |
| Financial charges | 65/66B | €1,524 | €1,536 | +€12 | +0.8% |
| Recurring financial charges | 65 | €1,524 | €1,536 | +€12 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | -€80,154 | €89,522 | +€169,676 | |
| Income taxes | 67/77 | €2,904 | €205 | -€2,699 | -92.9% |
| Profit (loss) for the period | 9904 | -€83,058 | €89,317 | +€172,375 | |
| Profit (loss) for the period to be appropriated | 9905 | -€83,058 | €89,317 | +€172,375 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.